EXTRAJUDICIAL SETTLEMENT OF THE ESTATE OF THE DECEASED SPOUSES X AND Y

KNOW ALL MEN BY THESE PRESENTS: The EXTRAJUDICIAL SETTLEMENT executed by and between: A, o !e"a! a"e, #a$$%ed to & and a $e'%dent o (one ), *a!u#+an", Mo!o, ,!o%!o *%tyB, o !e"a! a"e, #a$$%ed to E and $e'%dent o . th St$eet Lawa/an 0%!!a"e, Ba!antan", 1a$o, ,!o%!o *%tyC o !e"a! a"e, '%n"!e and a $e'%dent o (one ), *a!u#+an", Mo!o, ,!o%!o *%ty2

WITNESSTH:
32 That the abo4e na#ed +a$t%e' a$e the ch%!d$en and the he%$' o the decea'ed Spouses X AND Y who d%ed on Octobe$ 56, 5773 and No4e#be$ 55, 5778, $e'+ect%4e!y, at *a!u#+an" Mo!o, ,!o%!o *%ty2 *o+%e' o the *e$t% %cate' o &eath a$e he$eto attached a' Annexes A an Annex B! $e'+ect%4e!y, and #ade an %nte"$a! +a$t he$eo -

52 That S+ou'e' 9 and Y du$%n" the%$ !% et%#e a$e the $e"%'te$ed owne$' o the o!!ow%n" +a$ce!' o !and '%tuated %n the Mun%c%+a!%ty o &ue:a', P$o4%nce o ,!o%!o, #o$e +a$t%cu!a$!y de'c$%bed a' o!!ow' to w%t:
Transfer Certificate of Title No. T-14216 A parcel of land (Lot 3241 of the Cadastral Survey of Duenas situated in the Municipality of Duenas, rovince of !loilo, !sland of anay" #ounded on the $",S",%" & '", (y Lot )*32+A, sd+*)+*1,341 (-L./"Containin0 an area of 1!1.2 S!3 .4-5SA'D A'D '!'$.2 S!3 (,),*6)/ s7uare 8eters 8ore or less" 9 9 9: Transfer Certificate of Title No. T-14217 A parcel of land (Lot 32,; of the Cadastral Survey of Duenas situated in the Municipality of Duenas, rovince of !loilo, !sland of anay" #ounded on the S", (y Lot )*3<= on the %" & '", (y Lot )**6= on the $", (y Lot )**<, all of Cad" 22, Duenas Cadastre" Containin0 an area of .4!>.2 S!3 .4-5SA'D S!3 45'D>$D S$?$' (3), )*</ s7uare 8eters 8ore or less"9 9 9:

82 That 'a%d S+ou'e' 9 and Y ha4e a ca'h de+o'%t o TWENTY M,LL,ON PESOS ;Ph+ 57,777,777< Ph%!%++%ne *u$$ency w%th Ea'twe't Ban=, ,>na$t ,!o%!o B$anch unde$ account nu#be$ 7383)677.8))?2 That the 'a%d decea'ed d%ed %nte'tate, w%thout !%4%n" any w%!!@2 That the decea'ed !e t ha' no debt')2 That the +$o+e$ty o the abo4e/#ent%oned decea'ed %' not 'ubAect to the co4e$a"e o the +$o4%'%on' o the *ARL o$ *ARPER !aw and %' $ee $o# a!! !%en' and encu#b$ance' o any =%nd what'oe4e$ and $ee o any +o''e''o$Btenant what'oe4e$.2 That the +u$'uant to Sect%on 3, Ru!e .? o the Re4%'ed Ru!e o *ou$t o the Ph%!%++%ne, the Pa$t%e' he$eby adAud%cate unto the#'e!4e' the abo4e de'c$%bed +a$ce!' o Ea'twe't Ban=, ,>na$t !and and ca'h de+o'%t a#ount%n" to B$anch unde$ account nu#be$ TWENTY M,LL,ON PESOS ;Ph+ 57,777,777< Ph%!%++%ne *u$$ency w%th ,!o%!o 7383)677.8)) and he$eby %!e' the 'a#e w%th the Re"%'t$y o &eed' o ,!o%!o w%th the $eCue't that 'a%d adAud%cat%on be #ade e ect%4e w%thout Aud%c%a! +$oceed%n"' a' +$e'c$%bed by the a o$e#ent%oned Ru!e' o *ou$t-

,N W,TNESS WHEREOD, the +a$t%e' he$eto ha4e he$eunto 'et the%$ hand' at the +!ace %$'t abo4e w$%tten, on th%' 55nd day o No4e#be$, 57382

A >C !D 'o" 133<<2); !ssued -n@ 11A1<A*6 At@ !L!L- C!.2

B Co8pany !D 'o" 133<31;2 !ssued -n@ 11A11A*6 At@ !L-!L- C!.2

C SSS !D 'o" 131<31;2 !ssued -n@ 11A3A*6 At@ !L-!L- C!.2

Si0ned in the presence of@

BBBBBBBBBBBBBBBBBBBBBBB & BBBBBBBBBBBBBBBBBBBBBB

A*KNOWLE&EMENT
REPFBL,* OD THE PH,L,PP,NES *,TY OD ,LO,LO < S2c2 x//////////////////////////////////////x BEDORE ME, th%' 55nd o No4e#be$, 5738 at ,!o%!o *%ty, Ph%!%++%ne' +e$'ona!!y a++ea$ed the abo4e +e$'on' w%th ,dent% %cat%on *a$d Nu#be$' a++ea$%n" be!ow the%$ '%"natu$e, =nown to #e and to be the 'a#e +e$'on' who executed the o$e"o%n" %n't$u#ent and they ac=now!ed"ed the 'a#e to be the%$ own 4o!unta$y act and deed2 Th%' %n't$u#ent con'%'t%n" o th$ee ;8< +a"e' %nc!ud%n" th%' +a"e on whe$e th%' ac=now!ed"e#ent %' w$%tten and the 'a#e ha' been '%"ned by the +a$t%e' and the%$ %n't$u#enta! w%tne''e' %n a!! +a"e'2 ,N W,TNESS WHEREOD, we ha4e he$eunto 'et ou$ hand', on 55 nd day o No4e#be$ 5738 and at ,!o%!o *%ty, Ph%!%++%ne'2

&oc2 No2 GGGGGPa"e No2 GGGGGBoo= No2 GGGGGSe$%e' o 57382